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Wallace Groves (20 March 1900 – 30 January 1988) was an American financier and fraudster. After release from federal prison in 1944, he moved to the Bahamas where he founded and operated a free trade zone, resort, and casino development at what would become Freeport, Grand Bahama.
Grand Bahama is the northernmost of the islands of The Bahamas, with the town of West End located 56 nautical miles (64 miles; 104 km) east of Palm Beach, Florida. [2] It is the third largest island in The Bahamas island chain of approximately 700 islands and 2,400 cays.
Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest part of The Bahamas.In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted 20,000 hectares (50,000 acres) of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area.
The Xanadu Beach Resort & Marina, also known as the Xanadu Princess Resort & Marina, was a resort and marina on the island of Grand Bahama in the Bahamas.Built in 1968, the resort was purchased by Howard Hughes in 1972 and was for several years the most celebrated resort in the Caribbean and served as a hideaway for the Hollywood jet set of the era.
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Bahama Cay; Bahama Island; Bamboo Cay; Barraterre Island; Barn Cay; Barracuda Island; Base Line Cay; Beach Cay; Beacon Cay; Beak Cay; Bell Cay (owned by the Aga Khan IV) Ben Cay; Berry Islands; Big Bersus Cay; Big Carters Cay; Big Cave Cay; Big Cay; Big Crab Cay; Big Cross Cay; Big Darby Island, a private island in the Exumas; Big Egg Island ...
The partially-constructed resort operated for a single season in 1950 before Butlin's ran out of money. A small part of the resort was brought back into operation in 1955 before being more fundamentally redeveloped in 1960. West End Airport was the main airport for Grand Bahama until Freeport's overshadowed it.
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